Cost of Living in Iberia Parish, Louisiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Iberia Parish Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Iberia Parish, Louisiana
Solid affordability with regional strength
Iberia Parish renters spend 18.5% of income on rent, just above the national affordability threshold of 18%, supported by median household income of $57,811 that, while below the U.S. average of $74,755, exceeds most rural Louisiana parishes. This positions Iberia as one of the region's more balanced housing markets.
Better than state average affordability
Iberia's 18.5% rent-to-income ratio beats Louisiana's state average of 19.5% by a full point, while median rent of $891 sits just 2% above the state average. The parish delivers solid affordability for a regional commercial center.
Mid-range rents, above-average income
Iberia's median rent of $891 trails East Baton Rouge ($1,121) significantly but exceeds most rural parishes, aligned with its stronger median income of $57,811. Adjacent Iberville Parish rents at $817 with similar income, giving Iberia a 9% rent premium.
Balanced housing burden
Renters paying $891 monthly dedicate 18.5% of $57,811 income to housing, while owners paying $688 (14.3%) fare modestly better. Both housing types remain well within affordability guidelines, supported by above-average regional incomes.
Iberia blends affordability with amenities
Iberia Parish offers better-than-average Louisiana affordability (18.5% rent-to-income) plus a more developed economy than purely rural parishes, home median value of $156,000, making it attractive for those seeking regional job access without major metropolitan costs. Consider this parish if you want rural character with urban-adjacent economic opportunity.
Affordability Calculator
See how your income compares to housing costs in Iberia Parish
Rent Burden
18.5%
of gross income
Max Housing (28% Rule)
$1,349
per month
Owner Cost Burden
14.3%
of gross income
You can likely afford the median home in Iberia Parish
Median home value is $156,000. Estimated monthly cost: $1,245 vs. your max of $1,349.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.